JAKARTA. PT Bank Mayapada Internasional Tbk (MAYA) has formed a partnership with PT Skorcard Teknologi Indonesia (Skorcard), a fintech company that offers a new experience for credit card users.

This partnership kicks off with the launch of credit card titled Mayapada Skorcard. This credit card is said to offer a new experience for its users, equipped with personalised facilities.

Ongki Kurniawan, Co-Founder and CEO of Skorcard, mentioned that said credit card is not made to replicate the success of another business model in another region, but it has been adjusted with the innovation that aligns with the users’ needs.

“Skor is created from the needs for a responsible and fair credit access. The approach that we carry out is in line with prudence and adapts to Indonesian society,” added Kurniawan in the official disclosure.

Meanwhile, Karan Khetan, Co-Founder and President of Skor, mentioned that as of now, over 80% of Indonesian people are a part of formal financial sector. Most of them still rely on credits with soaring high interest.

“Our mission is more than merely launching a credit card; it is about pushing the financial inclusivity narrative into a real economic empowerment,” Khetan said on the same occasion.

It is worth mentioning that Skorcard is a business entity that has secured funding support from AC Ventures. According to IDNFinancials data, AC Ventures is one of the biggest venture capitals in Southeast Asia with total assets under management of over USD 500 million. (KR/ZH)